Banks in Switzerland once offered a teenager-to-retirement career path. That is no longer the case, as heightened regulations, ultralow interest rates and a tech industry competing for talent have upended the profession.

The Swiss National Bank’s foreign-currency reserves posted their biggest monthly rise in nearly two years in November, suggesting the SNB intervened in currency markets after Donald Trump’s election to cap the Swiss franc’s strength.

Secretary of State John Kerry will convene a meeting of diplomats from Russia, Iran, Saudi Arabia, Qatar and Turkey on Saturday in Switzerland in a bid to reach at least a temporary truce in fighting around embattled Aleppo. Syria’s largest city.

China’s currency policy may be the subject of complaints on the U.S. presidential campaign trail. But the nation is arguably now further from being a currency manipulator than Germany, Japan and Switzerland.